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Old 07-02-2006, 08:04 PM
Bob Peel, MVP
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Default Re: Money 2003 - cannot archive transactions when business-related

To be very blunt - DO NOT ARCHIVE! It doesn't do what you might assume and
ends up causing more trouble than any anticipated benefit.

See http://umpmfaq.info/faq.html#Q29

--
Regards
Bob Peel,
Microsoft MVP - Money

For UK tips & fixes see
http://support.microsoft.com/default...d=fh;EN-GB;mny.


I do not respond to any emails that I have not specifically asked for.

"Mike Cooper" <mcooper73[at]antispam.yahoo.com> wrote in message
news:8dSpg.3375$JZ1.3016[at]trnddc01...
- quote -

> I'm using MS Money Deluxe & Business Edition 2003, almost all accounts are
> set up as personal, however since I do independent contracting I also have
> a "business receivables" account containing various invoices. This is the
> only account I have assigned for business use. When invoices are paid,
> payment is usually deposited into a personal checking account, which is
> balanced / reconciled every month.
> The problem relates to archiving the old stuff - I know that Money will
> not archive transactions that take place between accounts (i.e. transfers)
> if only one side of the transaction is reconciled. In this case, there
> are tons of old transactions in the personal checking that did not get
> archived because, even though they're reconciled on the checking side,
> they apparently are not reconciled on the "business receivables" side.
> I had always assumed that in my invoice list, when I select "receive
> payment" on an invoice and fill in the details, it automatically
> reconciles that side of the transaction. Apparently this is not
> happening. Since "business receivables" isn't a typical asset or bank
> account, I can't clear transactions or balance the account in the same
> manner as I would with those accounts, so the archiving is incomplete.
> What am I missing?
> Thanks in advance -
> Mike
> (remove "antispam" in email for direct reply)


  #-1  
Old 07-02-2006, 04:09 PM
Mike Cooper
Guest
 
Posts: n/a
Default Money 2003 - cannot archive transactions when business-related

I'm using MS Money Deluxe & Business Edition 2003, almost all accounts
are set up as personal, however since I do independent contracting I
also have a "business receivables" account containing various invoices.
This is the only account I have assigned for business use. When
invoices are paid, payment is usually deposited into a personal checking
account, which is balanced / reconciled every month.

The problem relates to archiving the old stuff - I know that Money will
not archive transactions that take place between accounts (i.e.
transfers) if only one side of the transaction is reconciled. In this
case, there are tons of old transactions in the personal checking that
did not get archived because, even though they're reconciled on the
checking side, they apparently are not reconciled on the "business
receivables" side.

I had always assumed that in my invoice list, when I select "receive
payment" on an invoice and fill in the details, it automatically
reconciles that side of the transaction. Apparently this is not
happening. Since "business receivables" isn't a typical asset or bank
account, I can't clear transactions or balance the account in the same
manner as I would with those accounts, so the archiving is incomplete.
What am I missing?

Thanks in advance -

Mike

(remove "antispam" in email for direct reply)
 

Tags
2003, archive, businessrelated, money, transactions
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